Apple’s revenue for the fiscal second quarter topped Wall Street’s expectations, but investors are waiting to hear what CEO Tim Cook has to say about the impact of President Donald Trump's tariffs and economic uncertainty on its business.
Apple posts stronger-than-expected Q2 results but stocks slides after-hours
Apple’s revenue for the fiscal second quarter topped Wall Street’s expectations, but investors are waiting to hear what CEO Tim Cook has to say about the impact of President Donald Trump's tariffs and economic uncertainty on its business.
The Cupertino, California-based company earned $24.78 billion, or $1.65 per share, in the first three months of the year, up 4.8% from $23.64 billion, or $1.53 per share, in the same period a year earlier.
Revenue rose 5.1% to $95.36 billion from $90.75 billion.
Analysts, on average, were expecting earnings of $1.62 per share on revenue of $94.19 billion, according to a poll by FactSet.